Cost of Living in Roosevelt County, Montana

$707/mo
Median Monthly Rent
$119,400
Median Home Value

At a Glance

Median Monthly Rent
$707/mo
14% below state average
Median Home Value
$119,400
58% below national
Rent-to-Income Ratio
19.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Roosevelt County Compares

Median monthly rent comparison

Roosevelt County$707/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$707/mo
Median Gross Rent
$119,400
Median Home Value
$415/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Roosevelt County ranks #1,947 of 3,144 counties for affordability (bottom 38%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Roosevelt County, Montana

Roosevelt: Montana's most affordable rentals

Roosevelt County residents pay just 16.0% of household income toward rent—nearly matching the national average despite earning significantly less. At $707 monthly for a median household income of $53,125, Roosevelt offers the region's cheapest housing, though incomes lag 28% below the national median.

Lowest rents in Montana

Roosevelt's $707 median rent ranks among Montana's lowest, undercutting even the state average of $825 by 14%. With a 16.0% rent-to-income ratio, Roosevelt residents enjoy affordability comparable to the state average despite significantly lower earnings.

Cheapest option in the northeast

Roosevelt's $707 rent is the lowest among its region: $57 cheaper than Sheridan, $67 less than Rosebud, and $159 below Richland. However, Roosevelt's median household income of $53,125 is also the region's lowest, limiting purchasing power despite rental bargains.

Roosevelt's tight but manageable budget

The typical Roosevelt renter spends 16.0% of a $53,125 annual income—$707 monthly—on housing. Homeowners benefit even more: median owner costs of just $415 monthly for homes valued at $119,400 represent only 9.4% of household income, among Montana's best ownership affordability.

Maximum affordability, minimum income requirements

Roosevelt County is Montana's clearest path to affordable housing, with rents and home prices significantly below state averages. Consider relocating here if low housing costs outweigh concerns about the county's 28% lower median income relative to the national average.

Cost of Living Advisory: Roosevelt County

Affordability Verdict

Roosevelt County is affordable for renters, with a median gross rent of $707/month representing approximately 16.0% of median household income. The rent burden (GRAPI) stands at 19.0%.

Rent vs. Own

The median rent in Roosevelt County is $707/month, while owner costs run $415/month. Owning saves approximately $292/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,280/year. For owner costs at the 28% rule, the required income is roughly $17,786/year. With a median household income of $53,125, most households can comfortably afford rent here. Notably, 19.0% of renter households in Roosevelt County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Golden Valley County where rent averages $769/month, Roosevelt County is approximately 8% less expensive.

Affordability Calculator

See how your income compares to housing costs in Roosevelt County

$

Rent Burden

16.0%

of gross income

Max Housing (28% Rule)

$1,240

per month

Owner Cost Burden

9.4%

of gross income

You can likely afford the median home in Roosevelt County

Median home value is $119,400. Estimated monthly cost: $953 vs. your max of $1,240.

Rent Affordability Guide

Your rent-to-income ratio16.0%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,125Needed: $28,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,125Needed: $17,786
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,125Needed: $27,788

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Roosevelt County, Montana?
Roosevelt County, Montana has a median monthly rent of $707/mo and a median home value of $119,400. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Roosevelt County?
The median gross rent in Roosevelt County is $707/mo. This is 14% below state average for Montana.
Is Roosevelt County affordable?
Roosevelt County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Roosevelt County's rent compare to the state average?
Roosevelt County's median rent of $707/mo is 14% below state average of $825/mo for Montana.
What is the median home value in Roosevelt County?
The median home value in Roosevelt County, Montana is $119,400. This is 58% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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